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Latest Articles in brent crude
Oil Prices Drop On Fuel Demand Worries As Coronavirus Flares Up
Denting fuel demand, cities from Manila to Melbourne are tightening lockdowns to battle new infections, while Norway has stopped cruise ship traffic in the latest European travel alarm.
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US Crude Output In May Plummets By A Record 2 Million Bpd
Top crude producer state Texas cut production by 764,000 bpd while North Dakota's output fell by 353,000 bpd in the month.
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Oil Prices Bounce Back From 3-Week Lows, But Economic Headwinds Loom
Brent closed down 1.9% but had recovered much of the ground lost from the lowest level since July 10.
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Oil Rises After Surprise Drop In U.S. Inventories Offsets Demand Concerns
Brent crude futures were up by 14 cents, or 0.3%, at $43.36 a barrel by 0326 GMT, after dropping 0.4% on Tuesday.
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Oil Prices Rise On U.S. Stimulus Hopes, Weaker US Dollar
Brent crude futures climbed 35 cents, or 0.8%, to $43.76 a barrel at 0118 GMT, adding to a 0.2% gain on Monday.
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Oil Inches Up, But Concerns Over Demand Recovery Cap Gains
Brent crude rose 7 cents, or 0.2%, to $44.36 a barrel by 0545 GMT while U.S. West Texas Intermediate (WTI) crude gained 8 cents, or 0.2%, to $41.98 a barrel.
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Crude Shipments Resume From Pemex Floating Oil Storage Unit After Collision
A source familiar with the unit's operation told Reuters on Friday that repairs had been made, allowing exports to resume, but did not specify the date that happened.
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Oil Dips On Surge In COVID-19 Infections
Brent crude fell 65 cents, or 1.5%, to $42.59 a barrel by 0848 GMT, though prices have been hovering around $42 for a couple of weeks. U.S. crude was down 75 cents, or 1.9%, at $39.80.
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Oil Slips As Traders Eye Supply Cut Easing At OPEC Meeting
Brent crude fell 27 cents to $42.97 a barrel by 0114 GMT while U.S. West Texas Intermediate crude was at $40.27 a barrel, down 28 cents.
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Oil Falls, Heads For Weekly Decline As Virus Cases Hit Record
Brent crude was down by 25 cents, or 0.6%, at $42.10 a barrel by 0341 GMT after falling more than 2% on Thursday. U.S. oil fell 33 cents, or 0.8%, at $39.29 a barrel after a drop of 3% in the previous session.
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OPEC Cuts June Oil Exports By 1.84 Million Bpd - Kpler
Saudi exports accounted for almost half of the month-on-month drop, falling by 979,000 bpd.
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Oil Prices Drop For Second Straight Session As Coronavirus Spike Cools Demand Hopes
Brent crude dropped 72 cents, or 1.8%, to $40.30 a barrel by 0231 GMT, while U.S. crude was at $37.82, down 67 cents, or 1.7%.
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Oil Prices Creep Up On Demand Recovery, Tempered By Virus Outbreaks
Brent crude futures similarly rose 1.1%, or 47 cents, to $41.52, but were also heading towards a small decline for the week.
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Oil Prices Mixed As U.S. Gasoline Stocks Shrink, But Crude Stockpiles Grow
Brent crude was up 12 cents, or 0.3%, at $42.75 a barrel by 0643 GMT after falling to $42.30 earlier in the session.
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Oil Down On Stronger Dollar, Oversupply Concerns
Brent crude was down 46 cents, or 1.1% to $40.34 a barrel by 1134 GMT. West Texas Intermediate (WTI) crude fell 39 cents, or 1% to $37.80 per barrel.
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